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632 Index<br />

pawnshop distribution 12, 376<br />

premium volumes/covered lives 381, 382–3, 388, 391,<br />

392<br />

profitability 380<br />

Mali<br />

awareness of microinsurance 79<br />

cotton yields 248<br />

enrolment 78<br />

Equity Initiative plans 68, 75, 76, 77, 78<br />

health insurance 20, 75<br />

health mutuals 26, 74<br />

livestock insurance 242<br />

PlaNet Guarantee 515<br />

management information system 144, 447, 479<br />

managers<br />

attitudes to microinsurance 408<br />

partnerships 500–1<br />

remuneration 408–9<br />

managing general agents (MGAs) 504–5<br />

Manipal Arogya Suraksha see MAS<br />

Manipal Foundation 374<br />

Manipal Group 385, 386, 387, 397, 423, 566<br />

Manje, L. 200<br />

Mapfre 400, 402, 495, 496, 499, 542<br />

market development<br />

agriculture insurance 280<br />

distribution 415–18<br />

interlinked index insurance/credit 253–4<br />

intermediaries 522<br />

liberalization 459<br />

low-income households 399–400<br />

MGAs 505<br />

MicroEnsure 513<br />

microinsurance 26–7, 38<br />

obstacles to 554<br />

reinsurers 519–20<br />

technological advances 529–30<br />

word-of-mouth 233<br />

marketing costs 394, 480<br />

market-making 441, 516, 521–2, 523<br />

Marsh and Guy Carpenter 17, 5<strong>03</strong>, 517–18<br />

Marsh India 517–18, 523<br />

MAS (Manipal Arogya Suraksha)<br />

anti-selection risk 390<br />

expense ratios 393<br />

generic benefits 385<br />

ICICI Lombard 368<br />

Masud, T.I. 161, 164, 165<br />

maternal health care 78<br />

maternity benefits 340–2<br />

Mathiyazhagan, K. 161, 165<br />

Max New York Life (MNYL) 181, 187–8, 189, 191,<br />

456, 457, 499<br />

Max Vijay 181–3<br />

distribution 194<br />

policies sold 187–8<br />

PoS machines 457<br />

push/pull channels 194<br />

savings 443, 495<br />

technology 458<br />

text messaging 543<br />

maximum total benefits limit 144<br />

Mazar, N. 283<br />

MBAs (Mutual Benefit Associations) 9, 198–9, 206–7,<br />

325, 376, 522, 563<br />

McCord, M.J. 119, 220<br />

MCCOs (mutuals, cooperatives and community-based<br />

organizations) 562–4<br />

medical advisers 149, 151<br />

medical costs 334, 337, 339, 470<br />

medical management 144<br />

Medicall Home, Mexico 127<br />

meso-level insurance 93–5<br />

Metropolitan Life 416<br />

see also Cover2go<br />

Mexican migrants 351, 362–3<br />

Mexico<br />

Banco Compartamos 16, 199<br />

catastrophic farming insurance 98–9<br />

consumer protection 570<br />

drought cover 87<br />

market size 14<br />

Medicall Home 127<br />

ParaLife 31<br />

Zurich 402<br />

MFIC (Microfinance <strong>International</strong> Corporation)<br />

351, 357<br />

MFIs (microfinance institutions) 10<br />

AD&D 588<br />

aggregators 588<br />

CIC 371, 372<br />

compulsory insurance 471<br />

credit life 198, 199, 200–1, 214–15<br />

delivery of microinsurance 346–7<br />

distribution 10, 24, 453, 454<br />

financial services 453<br />

Grameen Shakti 184<br />

Haiti 95–6<br />

HMI 117<br />

MicroEnsure 2<strong>03</strong><br />

partner-agent model 506<br />

products 453, 454<br />

SHGs and 455<br />

social insurance 49<br />

TPAs 444<br />

women as borrowers 342<br />

MFS Africa 545<br />

MGAs (managing general agents) 504–5<br />

Mi Life 535, 545–6<br />

MIA (Micro Insurance Academy) 28, 291, 292, 340<br />

MiCRO 95–6, 101, 104<br />

Micro Insurance Academy see MIA<br />

Micro Insurance Centre 117<br />

Microcare 139, 146, 151, 152<br />

microcredit 549<br />

MicroEnsure 512–14<br />

accidental cover 306<br />

client value improvements 312, 313<br />

consumer education programme 307–8<br />

data 522, 541<br />

funeral benefit payouts 232, 311–12<br />

geographic spread 512–13<br />

Ghana 16, 25, 544, 545<br />

HMI 514<br />

as intermediary 5<strong>03</strong><br />

market development 513<br />

and MFIs 2<strong>03</strong><br />

number of policies sold 12, 25<br />

PACE 327<br />

partner-agent model 325<br />

Philippines 210, 213–14, 307, 522<br />

product range 513–14, 516<br />

SHARE 445<br />

microfinance institutions see MFIs<br />

Microfinance <strong>International</strong> Corporation (MFIC)<br />

351, 357<br />

MicroFund for Women 209, 342, 401<br />

microinsurance 1, 372<br />

awareness of 79<br />

contextual factors 41–2<br />

as coping mechanism 331<br />

coverage statistics 50<br />

definition 8–11, 62, 93<br />

as emerging industry 524–5

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